NSEGeneral Updates31 Jul 2026 · 31 Jul 2026, 04:24 pm
General Updates
Oil & Natural Gas Corporation Limited · ONGC
✦ AI SummaryJoint Venture
ONGC has been issued shares on a rights basis by two joint venture entities, Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited, in which ONGC holds a 50% stake.
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Full Announcement
Oil & Natural Gas Corporation Limited has informed the Exchange about Allotment of equity shares by Joint Venture companies
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OIL AND NATURAL GAS CORPORATION LIMITED
COMPANY SECRETARIAT
CS/ONGC/SE/2026-27 31.07.2026
National Stock Exchange of India Ltd. BSE Limited
Listing Department Corporate Relationship Department
Exchange Plaza Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort
Mumbai – 400 051 Mumbai – 400 001
Symbol-ONGC; Series - EQ BSE Security Code No: 500312
NCD: 959881
Sub: Allotment of equity shares by Joint Venture companies
Madam/ Sir,
This has reference to our letter dated 22.01.2026 wherein it was informed that the Company has become a 50% Joint Venture
Partner with M/s Mitsui O.S.K. Lines Ltd., Japan (MOL) in two joint venture entities, namely Bharat Ethane One IFSC Private
Limited and Bharat Ethane Two IFSC Private Limited, registered in Gift City, Gandhinagar.
It is informed that the Company has been issued shares on rights basis:
1. 71,57,185 equity shares of ₹100/- each issued by Bharat Ethane One IFSC Private Limited; and
2. 71,57,185 equity shares of ₹100/- each issued by Bharat Ethane Two IFSC Private Limited.
Upon allotment of the above shares, the Company's shareholding in each of the joint venture entities will remain at 50%.
Consequently, the Company's cumulative holding in Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC
Private Limited shall be 1,43,87,861 equity shares of ₹100 each in each joint venture company.
This is for your information and record, please.
Thanking You,
Yours Sincerely,
For Oil and Natural Gas Corporation Ltd.
(Shashi Bhushan Singh)
Company Secretary & Compliance Officer
Regd. Office: Plot No 5A-5B, Nelson Mandela Marg, Vasant Kunj, New Delhi-110070
Phone: 011-2675 4073, 011-2675 4085 EPABX: 2675 0111, 2629000
CIN: L74899DL1993GOI054155 Website: www.ongcindia.com Email: secretariat@ongc.co.in